Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    905 Olive St, Unit 913 Saint Louis, MO 63101-1418

    • Parking lots & garages
    • 39,444 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimations
    $4,725,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-3350626
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 905 Olive St

    Year built
    2006
    Construction
    CONCRETE
    Lot size
    0.75 lot acres
    Property size
    39,444 SF
    Zone code
    I
    Property type
    Parking lots & garages
    APN
    027300-00100
    APU
    2730000100

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,724,000
      Market price range: $693k - $8.71M

    • Alternative Use

      Use
      Estimation
      PARKING LOT
      $4,725,000
      Current use
      RETAIL STORES
      $5,430,000
      Change: +15% Conversion: Difficult
      RESTAURANT
      $5,110,000
      Change: +8% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $4,050,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    Saint Louis City
    State
    Missouri
    Longitude
    -90.1937
    Latitude
    38.6293
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $8,900,000
      74,282 SF

      400 6th St, Unit 428

      PARKING GARAGE, PARKING STRUCTURE • 74,282 SF
      400 6th St, Saint Louis, MO 63101-1806
      View Details
    • Value Estimation
      $3,200,000
      26,695 SF

      306 Tucker Blvd, Unit 316

      PARKING GARAGE, PARKING STRUCTURE • 26,695 SF
      306 Tucker Blvd, Saint Louis, MO 63101-1938
      View Details
    • Value Estimation
      $16,180,000
      135,066 SF

      601 Locust St, Unit 637

      PARKING GARAGE, PARKING STRUCTURE • 135,066 SF
      601 Locust St, Saint Louis, MO 63101-1700
      View Details
    • Value Estimation
      $5,755,000
      58,912 SF

      101 6th St, Unit 127

      PARKING GARAGE, PARKING STRUCTURE • 58,912 SF
      101 6th St, Saint Louis, MO 63101-1821
      View Details
    • Value Estimation
      $5,760,000
      59,625 SF

      500 Pne St, Unit 598

      PARKING GARAGE, PARKING STRUCTURE • 59,625 SF
      500 Pne St, Saint Louis, MO 63101-1811
      View Details
    • Value Estimation by Request
      0.37 Acres

      600 Chestnut St, Unit 612

      PARKING GARAGE, PARKING STRUCTURE • 0.37 Acres
      600 Chestnut St, Saint Louis, MO 63101-1818
      View Details

    Similar Nearby for Sale

    • $2,030,000
      21,390 SF

      Historic Mixed-Use Building in Downtown

      Turn-key mixed-use building near Union Station and MLS Stadium.
      1900 Locust St St, Louis, MO 63101
      View Details
    • $425,000
      5,282 SF

      Downtown St. Louis Redevelopment Opportunity

      Historic two-story building in downtown St. Louis for sale.
      1011 Olive St St, Louis, MO 63101
      View Details
    • $425,000
      5,282 SF

      Downtown St. Louis Redevelopment Opportunity

      Historic two-story building in downtown St. Louis with redevelopment potential.
      1011 Olive St, Saint Louis, MO 63101
      View Details
    • $750,000
      12,528 SF

      Downtown St. Louis Commercial Condo

      7,078 SF commercial condo in the heart of downtown.
      920 Olive St St, Louis, MO 63101
      View Details
    • $499,000
      13,419 SF

      Downtown St. Louis Retail Space

      Former coffee shop in the heart of Downtown St. Louis.
      415-417 N 10Th St, Louis, MO 63101
      View Details
    • $800,000
      10,691 SF

      Downtown St. Louis Live-Work Treasure

      Unique 5-story mid-rise perfect for live-work in downtown St. Louis.
      1112 Olive St St, Louis, MO 63101
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown St. Louis Commercial Condo

      Commercial condo in the heart of Downtown St. Louis.
      920 Olive St St, Louis, MO 63101
      View Details
    • Contact for pricing

      MX District Retail Opportunity

      Prime retail spaces in downtown St. Louis's vibrant MX District.
      635 Washington Ave St, Louis, MO 63101
      View Details
    • $16 SF/Yr
      14,412 SF

      Syndicate Trust Building: St. Louis Office

      Prime St. Louis Executive Office Space Available
      915 Olive St St, St. Louis, MO 63101
      View Details
    • Contact for pricing

      Downtown St. Louis Mixed-Use Building

      Mixed-use building with office and retail space in downtown.
      1006 Olive St St, Louis, MO 63101
      View Details
    • Contact for pricing

      Retail Space on Washington Avenue

      Single tenant retail space available for rent in St. Louis.
      555 Washington Ave St, Louis, MO 63101
      View Details
    • Contact for pricing

      26,100 SF Mixed-Use Building

      Flex space, industrial, warehouse, and office units available for lease.
      2727 S Jefferson Ave St, Louis, MO 63101
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    905 Olive St, Unit 913
    Saint Louis, MO 63101-1418
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!